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Many organizations seem to have trouble shifting from a broadcast communication model to a conversation communication model because they have less control of the communication process in the conversation model.
Income Groups
Categories of people classified according to the level of their income, often used in socio-economic and market research to analyze spending habits, needs, and trends.
Lump-Sum
A single payment made at a particular time, as opposed to a series of smaller payments or installments.
Tax System
The structured way in which taxes are levied in a country, including the collection, management, and expenditure of taxed income.
Regressive
Describes a tax structure where the tax rate decreases as the taxable amount increases, placing a higher relative burden on lower income earners.
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